2445 13th St Gainesville, FL 32608-2008
- Turn key restaurants
- 3,367 SF
- 1.05 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 2445 13th St
- Year built
- 1969
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.05 lot acres
- Property size
- 3,367 SF
- Zone code
- U7
- Property type
- Turn key restaurants
- APN
- 15699-061-000
- APU
- 15699061000
Description
This exceptional Gainesville, FL commercial property presents a compelling investment opportunity. Located at 2445 SW 13th Street, this mixed-use offering encompasses a substantial 3,367 square foot building situated on a 1.05-acre lot. The property's zoning, designated U7, unlocks a diverse range of development possibilities. Previously utilized as a restaurant, the existing structure offers a solid foundation for adaptive reuse or complete redevelopment. The property's configuration includes two distinct parcels, enhancing its flexibility and appeal. A sizable adjacent parking lot provides ample space for customers or residents, while an additional 0.60-acre parcel at the rear offers further expansion potential or alternative uses. The permitted uses under the U7 zoning are extensive, including but not limited to car washes, multifamily housing, drive-thru facilities, hotels, and vehicle repair shops. This unique combination of building size, land area, and flexible zoning makes this property an ideal choice for investors and developers seeking a high-return investment in a thriving Gainesville location. The asking price is $1,195,000. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,000,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $935,000
- 6.5%
- $1,005,000
- 7%
- $935,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $940,000
- Geo Method
- $1,105,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,190,000
- Retail
- $1,110,000
- Mixed-Use
- $1,020,000
- Hospitality
- $885,000
- Educational
- $1,095,000
- Residential Income
- $1,185,000
- Energy
- $1,045,000
- Income-Based Land
- $1,150,000
- Food Service
- $1,070,000
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Alachua
- State
- Florida
- Longitude
- -82.3387
- Latitude
- 29.629
- CBSA code
- 23540
- CBSA name
- GAINESVILLE, FL METROPOLITAN STATISTICAL AREA